Statistics Act, 1999
R 385
Broad-Based Black Economic Empowerment Act, 2003 (Act No. 53 of 2003)Amended Codes of Good Practice (2013)Amended Code Series 500: Measurement of the Socio-Economic Development Elements of Broad-Based Black Economic EmpowermentStatement 500: The General Principles for Measuring the Socio-Economic Development ElementAnnexuresAnnexe 500(A) - Benefit Factor Matrix |
|
Qualifying Contribution type |
Contribution Amount |
Benefit Factor |
|
Grant and Related Contributions |
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|
Grant Contribution |
Full Grant Amount |
100% |
|
Direct Cost incurred in supporting socio-economic development, sector specific initiatives or Qualifying Socio-Economic Development Contributions |
Verifiable Cost (including both monetary and non-monetary) |
100% |
|
Discounts in addition to normal business practices supporting socio-economic development, sector specific initiatives or Qualifying Socio-Economic Development Contributions |
Discount Amount (in addition to normal business discount) |
100% |
|
Overhead Costs incurred in supporting socio-economic development, sector specific initiatives or Qualifying Socio-Economic Development Contributions |
Verifiable Costs (including both monetary and non-monetary) |
80% |
|
Contributions made in the form of human resource capacity |
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|
Professional services rendered at no cost supporting socio-economic development, sector specific initiatives or Qualifying Socio-Economic Development Contributions |
Commercial hourly rate of professional |
80% |
|
Professional services rendered at a discount supporting socio-economic development, sector specific initiatives or Qualifying Socio-Economic Development Contributions |
Value of discount based on commercial hourly rate of professional |
80% |
|
Time of employees of Measured Entity productively deployed in assisting beneficiaries and supporting socio-economic development, sector specific initiatives or Qualifying Socio-Economic Development Contributions |
Monthly salary divided by 160 |
80% |
